Cryptocurrency News Cast For July 5th 2020 ?

Cryptocurrency News Cast ๐Ÿ“ฎ 05-07-2020


๐Ÿ“ˆMarketCap:                     $259 B
๐Ÿ“Š24h Mcap %:                    -1.46%
⚠️Bitcoin Dom:                   64.30%
๐Ÿ“ŒActive Coins:                   3,268
๐Ÿ“24h Vol %:                        -2.10%
๐Ÿ’ฒ24h Vol:                            $48 B

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- Bitcoin Is Immune To Financial Crisis

Bitcoin is immune to Federal Reserve’s excessive money printing, says the blockchain analysts at Weiss Crypto Ratings. Analysts Bruce Ng and Juan Villaverde, argued that excessive money printing by FED would not fix America’s failing economy. Analyst added, Central banks are destroying the world's major paper currencies and no power on earth can stop them. They believe Bitcoin is going to be the future of money whose monetary policy unlike fiat is set by community of people who use it. Read Full on Decrypt.

- Burj Khalifa Will Be Tokenized On Hedera Hashgraph

UAE based property developer EMAAR plans to pilot tokenization of its real estate assets using the Hedera Hashgraph distributed ledger technology (DLT). The news was revealed by an outgoing executive of Swisscom Blockchain, which is working with EMAAR on the project. EMAAR’s assets include the world’s tallest building, the Burj Khalifa, which the executive claims is one of the assets to be tokenized. It also owns the Dubai Mall, Dubai Creek Tower, Marina Towers. Read Full on BTCMANAGER.

- Report: $300B Worth of Food Will Be Traced With The Help Of Blockchain

Blockchain technology and the Internet of Things (IoT) can solve some of the food industry’s most pressing challenges and save it $100 billion a year. The lack of transparency and accountability in the global food industry’s supply chain costs billions of dollars annually. The report forecasts that $300 billion worth of food items will be traced along the supply chain annually within seven years. Tracing items along the food supply chain using blockchain is one of the better explored use cases for the technology, with IBM leading the way. Read Full on cointelegraph.

- VeChain Attending World AI Conference (WAIC) 2020 To Deliver Keynote

Supply chain-focused blockchain project VeChain (VET) will deliver keynote at the World Artificial Intelligence Conference (WAIC) 2020 organized by the Shanghai Municipal People’s Government from July 9 to July 11. VeChain will be opening the first blockchain technology session at the WAIC with its session called “blockchainize the future, power the economy”. The conference will be co-hosted by Shanghai Municipal Commission of Economy and Informatization, Shanghai Finance Information Association. Read Full on BTCMANAGER.

- Visa Hiring Bitcoin Blockchain Engineers

Payments giant Visa is on the lookout for blockchain engineers, according to its recent job posting. The Fortune 500 company that accounts for 53 percent of all credit card transactions. The job description states that Visa is specifically hiring someone with strong expertise in Ethereum. Their ideal candidate has worked with Bitcoin, Ripple, and enterprise blockchain platform R3. The responsibilities of Visa’s new hire will include leading its ‘unique’ blockchain initiatives, writing code, and keeping track of new technologies in the space. Read Full on visa.

- Bitcoiner Kanye West Running for U.S. President

American rapper, singer, songwriter, record producer, composer, Kanye West announced his intention to run for U.S. president in 2020. Unlike Donald Trump, he’s a fan of Bitcoin. Kanye told, The design of the now-delayed $20 bill with anti-slavery icon Harriet Tubman made him turn to Bitcoin. He claimed that seeing that bill reminded him of slavery, and he wanted to use Bitcoin, a decentralized and trustless currency that has no borders. The new candidate quickly gained support from Tesla and SpaceX CEO Elon Musk. Read Full on U.Today.

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